Technical Bids will be opened in the presence of Bidders who choose to attend as above. The above schedule is subject to change. Notice of any changes will be provided through e-mail from designated contact personnel only or publishing on NHB’s website. Further, please note that Commercial Bid opening Date, Time Sr Venue will be intimated to the technically qualified Bidders at a later date.

All data/information, submitted vide documentary proofs/company records along this RFP, must be reported Sr will be treated as on date of publication of this RFP.

Objective

Concurrent audit is an examination which is contemporaneous with the occurrence of transactions or is carried out as near thereto as possible. It attempts to shorten the interval between a transaction and its examination by an independent person. There is an emphasis in favour of substantive checking in key areas rather than test checking. This audit is essentially a management process integral to the establishment of sound internal accounting functions and effective controls and setting the tone for a vigilant internal audit to preclude the incidence of serious errors and fraudulent manipulations.